欧美佳福莱克斯 2026年季度报告

FORM 10-Q For the quarterly period endedMarch 31, 2026 ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________________________ to ______________________ Commission file number000-51372 Omega Flex, Inc. (Exact name of registrant as specified in its charter) Pennsylvania23-1948942(State or other jurisdiction ofincorporation or organization)(I.R.S. EmployerIdentification No.) Securities registered pursuant to Section 12(b) of the Act: INDEXPART I - FINANCIAL INFORMATIONPage No.Item 1 – Financial StatementsCondensed Consolidated Balance Sheets at March 31, 2026 (unaudited) and December 31, 20254Condensed Consolidated Statements of Income for the three months ended March 31, 2026 and 2025 (unaudited)5Condensed Consolidated Statements of Comprehensive Income for the three months ended March 31, 2026 and 2025(unaudited)6Condensed Consolidated Statements of Shareholders’ Equity for the three months ended March 31, 2026 and 2025(unaudited)7Condensed Consolidated Statements of Cash Flows for the three months ended March 31, 2026 and 2025 (unaudited)8Notes to the Condensed Consolidated Financial Statements (unaudited)9Item 2 – Management’s Discussion and Analysis of Financial Condition and Results of Operations27Item 3 – Quantitative and Qualitative Disclosures About Market Risk31Item 4 – Controls and Procedures31PART II - OTHER INFORMATIONItem 1 – Legal Proceedings32Item 1A – Risk Factors32Item 2 – Unregistered Sales of Equity Securities and Use of Proceeds32Item 3 – Defaults Upon Senior Securities32Item 4 – Mine Safety Disclosures32Item 5 – Other Information32Item 6 - Exhibits32SIGNATURES33-2- CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS Certain statements in this Quarterly Report on Form 10-Q (“Form 10-Q”) of Omega Flex, Inc. that are not historical facts —but rather reflect our current expectations concerning future results and events — constitute forward-looking statements within themeaning of the Private Securities Litigation Reform Act of 1995. The words “believes,” “expects,” “intends,” “plans,” “anticipates,”“intent,” “estimates,” “potential,” “continues,” “hopes,” “likely,” “will,” and similar expressions, or the negative of these terms,identify such forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management’s viewonly as of the date of this Form 10-Q. We undertake no obligation to update or revise any forward-looking statements, whether toreflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, conditions, or circumstances, Unless otherwise indicated or the context otherwise requires, all references in this Form 10-Q to the terms “Omega Flex,” the“Company,” “us,” “we”, and “our” refer to Omega Flex, Inc. and its subsidiaries. 1. BASIS OF PRESENTATION AND DESCRIPTION OF BUSINESS Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements include the accounts of Omega Flex, Inc., and itssubsidiaries (collectively the “Company”). The Company’s Condensed Consolidated Financial Statements for the quarter ended March31, 2026 have been prepared in accordance with accounting principles generally accepted in the United States (GAAP), and with theinstructions of Quarterly Report on Form 10-Q and Article 10 of Regulation S-X. Certain information and note disclosures normallyincluded in annual financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to those rulesand regulations, although the Company believes that the disclosures made are adequate to make the information not misleading. It is Description of Business The Company is a leading manufacturer of flexible metal hose, which is used in a variety of applications to carry gases andliquids within their particular applications. The Company’s business is controlled as a single operating segment that consists of themanufacture and sale of flexible metal hose and accessories. These applications include carrying fuel gases within residential andcommercial buildings; gasoline and diesel gasoline products (both above and below the ground) in a double containment piping tocontain any possible leaks, which is used in automotive and marina refueling, and fueling for back-up generation; and medical gases in The Company manufactures flexible metal hose at its facilities in Exton, Pennsylvania and Houston, Texas, in the UnitedStates (U.S.), and in Banbury, Oxfordshire in the United Kingdom (U.K.), and sells its products through distributors, wholesalers and 2. SIGNIFICANT ACCOUNTING POLICIES Use of Estimates The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptionsthat affect the reported amounts of assets and liabilities and t